Hello everyone, new to RE investing and looking to create a LLC. What's the best way (and economical) to set up LLC? My accountant? Attorney? Can I use Legal Zoom? I got a quote for $695.00 from an out of state acco...
Greetings all. Long time reader, first time poster in this forum. I ran this by the "general" forum, but wanted to put this over here to maybe get a different set of eyes on it...I'm considering a possible industrial ...
I just finished EOY tax planning sessions with my clients, and Roth conversion was one of the topics. It reminded me how confused most investors are about Roth and prompted me to write this long post. Since Roth-relat...
Economic Update(Happy Martin Luther King Day)
Predictions for 2021? As 2020 has shown us, the world can throw so many curveballs at you that predictions can be about as useful as new year’s resolutions. In that s...
I'm looking for help from the crowd on this one.I'm putting together a blog post with a checklist that a creditor/lender should follow in case their borrower files a Chapter 13 bankruptcy petition. The purpose is to p...
Have you had that point yet where you are ready to evict someone? They are late with the rent, they owe you a ton of money? They play loud music, smoke weed and their dog craps on your lawn? Call the lawyer!?!?!...
I have an up/down rental where the upstairs tenant is responsible for the electric bill. Over the past two months, the electric usage has been high and they have been arbitrarily deducting from the rent payment wha...
Thoughts?Sale of Equitable Interests in Real Estate Clarified Governor Abbott Has Signed SB 2212SB 2212 amends Chapter 1101 to codify the clarifying changes to TREC rules regarding sale of certain equitable interests ...
Hey friends!Long time lurker, even though I post infrequently. My wife and I own a cashflowing quad-plex in Chicago that was a 3.5% FHA loan. We are in a fairly unique position because I work fully remote in a very se...
I bought my first tax deed this morning at the courthouse auction. I’m going to refer to the owner of the property as ‘Mr. Larry’.Mr. Larry was delinquent on three different properties, and I purchased the deed to one...